Earlier in 2015, Mr Modi convened the India-Africa summit, the third of its kind, in New Dehli to strengthen ties with African countries.
Finally, he will visit South Africa from tomorrow to Thursday to attend the BRICS (Brazil, Russia, India, China and South Africa) summit.
New Delhi elevated its ties with Rwanda to that of a Strategic Partnership as it sees that country as an important gateway to eastern Africa.
"It is a matter of great joy that India and Rwanda are working together in areas like technology, infrastructure, finance, rural development and technology". The embassy in Uganda also covers Rwanda.
He noted that India and Rwanda relationships have stood the test of time.
Noting that the trade between India and Africa has witnessed a 32 per cent increase, Modi said Asia and Africa are better positioned in the new world order.
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India extended two lines of credit - one of $100 million for development of industrial parks and Kigali special economic zone (SEZ) in Rwanda and another one for $100 million for agriculture. It marks a centuries-old cultural practice in Rwanda of gifting cows as a sign of respect and gratitude.
He lauded the contribution of the Indian community in the growth of Uganda, but also recalled the hardship faced by them in 1970s when some of them were forced to leave the country.
In an unprecedented move PM Modi choose to gift 200 cows to the Republic of Rwanda as part of Girinka scheme, "The poorest families are gifted dairy cows by the Government (of Rwanda) and the first female calf born of the cow is gifted to the neighbor, thus promoting brotherhood and solidarity in the community", A Ministry of External Affairs Secretary (Economic Relations) TS Tirumurti has said this on Friday.
Meanwhile, India and Rwanda signed eight agreements, including in the areas of defence, agriculture and dairy production, trade and leather and allied sectors.
India has extended United States dollars 200 million lines of credit to Rwanda for its economic development, signed a defence cooperation agreement and will soon open a High Commission here as part of New Delhi's efforts to bolster the strategic partnership with the fast-developing East African country.
PM Modi arrived in Rwanda on Monday night on the first leg of his three-nation Africa tour as part of India's outreach to the resource-rich continent, soon after Chinese President Xi Jinping visited Kigali. On his first visit to Uganda, PM Modi will address its Parliament on Wednesday. There is a special outreach session for BRICS leaders with their African counterparts from Togo, Zambia, Namibia, Senegal, Gabon, Ethiopia, Angola, Uganda and Rwanda.